By fiscal year 2023, India will be looking at a whopping investment requirement of Rs 38.6 trillion in the infrastructure sector. Over a period of time, the government spending has completely overshadowed private sector investment which was 37 per cent in 2008, and a gradual downward curve between 2013 and 2017 was witnessed.

With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.

The total length of operational metro projects in India presently stands at about 440 km and is growing. Cities like Bengaluru, Chennai, Gurugram, Kochi, Kolkata, Mumbai, Hyderabad, Jaipur, Lucknow and the Delhi National Capital Region (NCR) where they are already operational, are simultaneously adding on to their existing route networks.

Mangal Dev, Head of Hitachi Rail Systems Co, India & South Asia Region feels that inadequate attention to planning, availability of funding and the need to expand the availability of skilled manpower are key challenges facing the metro rail projects in India.

Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.

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kishore tamidela says:

Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.